What is missing today is employee bargaining power, which unionization provides, so that the growth in labor productivity flows more to wages and salary and less to executive salaries and shareholder returns.
What's missing are policies to ensure that a large and growing share of rising labor productivity flows to workers in the form of wages and salaries, rather than to executives and shareholders.
Will the share of profits from improving corporate productivity flowing to capital and to high-earning C.E.O.s continue to grow, while the income of wage earners stagnates and their share of profits declines?
CAE systems reduce the time needed to develop new products and increase productivity by optimizing production flow and scheduling and by providing greater flexibility in altering machine operations.
Since wages are growing ever more slowly, the revenue from the higher productivity should flow into profits, encouraging companies to expand and further strengthening the economy.
Multimedia, entertainment, communication, web browsing and office productivity seamlessly flow across the dual screen, allowing users to set the best scenario for what they are doing.
The benefits of such increased productivity will flow through to rice-growing countries' landless rural and urban poor, all of whom (1) are net consumers of rice and (2) spend a large proportion of their income on rice.
Once you do, you fall into a euphoric state of increased productivity called flow.
Moreover, the application of mathematics to large-scale patterns (e.g., oceanic productivity and flows) down to the fine-scale patterns (e.g., gene regulation and expression) is revealing detailed insight into the underlying biological (and sometimes physical) phenomena that generate the patterns.
Most Americans have sacrificed for decades without increases in their standard of living, while all of fruits of the massive increase in productivity have flowed to the top 1%.
